Question

Deepak bought a music system for ₹17000 & sold to Himanshu at a profit 5% . Find selling price.

Answer 1

CP=17000

Profit=5%

=5/100×17000

=850

SP=CP+Profit

=17000+850

=17850

Answer 2

Cost price of the music system and amplifier=₹17000
Profit%= 5%
Therefore, Selling price
=C.P. X (100+ Profit%)/ 100
= 17000 X 105/ 100
= 1785000/ 100
=17850
Therefore, the Selling price that Himanshu has to pay is ₹17850.